Bankrupt · Opening faillissement (CBE)

PICASS

BE0476352944

Rechtspersoon Private limited company 1 establishment

Broekbosstraat 21, 2550 Kontich

Behind the company: Rudiger Van Gael.

Start date

19 December 2001

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 13 % of short-term debt in 2020; threshold 65 %.

  • Late annual account NBB

    Fiscal year 2020 was filed 285 days after the legal deadline.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2020

PICASS from Kontich, company number BE0476352944, closed financial year 2020 with a result of € 48,064 after tax. For that financial year PICASS recorded a gross margin of € 139,904 and equity of € -1.9 million. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 12, 2022.

What it is worth Caution

€ -1.9 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 48,064

Profit after tax over the fiscal year.

Cash in the bank

€ 64

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2020. Retained profit grew to € -2.2 million.

People and assets in 2020

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 35,647

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2020

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 11,310

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 33,777

Taxes, VAT and social contributions still to pay.

What happened to PICASS?

What happened at PICASS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

PICASS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2020: profit of € 48,064. filed late Source: NBB ↗
  • Rudiger Van Gael became a director. NBB
  • Start of the company according to the CBE. KBO
  • New establishment in Kontich. KBO

Management

Rudiger Van Gael

Behind PICASS is Rudiger Van Gael. Rudiger Van Gael is also behind Metalced, PROVEQ+, M-Carwashsystems and M-Techno.

Directors

According to the 2020 annual accounts

Rudiger Van Gael

Manager

Also active at: Metalced, PROVEQ+, M-Carwashsystems, M-Techno

since 2011

Establishments

Establishment units

Physical locations of this company

Registered office

Broekbosstraat 21

2550 Kontich

2.003.563.110

Mechelsesteenweg 307

2550 Kontich

Active since 1 January 1970

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0476.352.944
VAT number
BE 0476.352.944
Registered office
Broekbosstraat 21, 2550 Kontich
Names & denominations
PICASS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 December 2001
Peppol
Not registered

Frequently asked questions

What is the address of PICASS?
The registered office of PICASS is located at Broekbosstraat 21, 2550 Kontich.
Is PICASS still active?
No. The CBE lists PICASS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is PICASS registered on Peppol?
No, PICASS is currently not registered on the Peppol network.
What is the enterprise number of PICASS?
The enterprise number of PICASS is BE0476352944.
When was PICASS founded?
PICASS was founded on 19 December 2001.
Who owns PICASS?
Behind PICASS is Rudiger Van Gael. Rudiger Van Gael is also behind Metalced, PROVEQ+, M-Carwashsystems and M-Techno.